Community Health Systems Inc. (CYH) had a good day on the market for Thursday October 03 as shares jumped 5.52% to close at $3.82. About 2.12 million shares traded hands on 9,252 trades for the day, compared with an average daily volume of n/a shares out of a total float of 118.05 million. After opening the trading day at $3.59, shares of Community Health Systems Inc. stayed within a range of $3.83 to $3.59.
With today’s gains, Community Health Systems Inc. now has a market cap of $450.96 million. Shares of Community Health Systems Inc. have been trading within a range of $5.35 and $1.79 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Community Health Systems is the largest publicly owned hospital operator in the United States. The company owns or leases over 100 general acute-care hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals.
Community Health Systems Inc. is based out of Franklin, TN and has some 87,000 employees. Its CEO is Wayne T. Smith.
Community Health Systems Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
